Crypto news from Coin World: The U.S. Bitcoin company American Bitcoin Corp. (ABTC) held 8,000 BTC as of July 11, making it the 16th-largest Bitcoin treasury company. Analysts noted that, in principle, a treasury of this size should be able to support a higher stock price.

BTC0.70%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
AirdropOnTheDune
· 07-14 15:58
Only 8,000 BTC lands you at number 16 in this track—it's insanely competitive.
View OriginalReply0
PlanB_Follower
· 07-14 15:48
The “hold-crypto” logic doesn’t fit well with the U.S. stock market’s environment, and investors value cash flow more.
View OriginalReply0
Lemon-FlavoredLiquidation
· 07-14 15:48
All entries ranked 16th have 8,000 coins—what about the first 15? That’s terrifying.
View OriginalReply0
StainedGlassSun
· 07-14 15:47
ABTC sounds like a counterfeit, but the holdings are actually substantial
View OriginalReply0
  • Pinned